Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against HTX−0.104%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$550.553% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 3 days (all we have)+0.148%+$15 · spread now −0.104%, 7d avg +0.056%
Together, before fees+0.156%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.160% cheaper against HTX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX LINK-USDT13.1680.0100pay 0.0100% / 8h7h 55m$648K$875K75x
ShortNado LINK-PERP13.1540.0100get 0.0012% / 1h55m 36s$402K$312K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.104% → +0.056%
−$16.03
Slippage, 4 orders
−$36.32
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$71.35
Costs to cover
0.553%
Break-even
never at this rate
Slippage from HTX: live order book, 18 min ago; Nado: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 18 min ago6.76 bp12.8 bp −$1324.6 bp −$246doesn't fitdoesn't fit
Sell Nado live order book, 17 min ago0.38 bp7.5 bp −$817.3 bp −$173doesn't fitdoesn't fit

LINK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LINK_USDT−0.0111%8h13.154−0.104%$130.4M$12.1M75xas long as short
GMX LINK/USD [LINK-USDC]L −0.0091% / S +0.0167%1h13.171+0.026%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.164−0.028%$481K$2.4M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.181+0.099%$743K$152K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0007%1h13.173+0.038%$134K150xas long as short
Phoenix LINK+0.0012%1h13.172+0.034%$4K$89K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.830%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0043%8h13.176+0.063%$133K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.163−0.039%$2.0M$2.7M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h13.153−0.112%$32K$3K20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LINK-PERPshort+0.0100%1h13.154−0.104%$402K$312K10x
Aster LINKUSDT+0.0100%8h13.158−0.075%$1.4M$3.0M50xas long as short
Pacifica LINK+0.0100%1h13.162−0.044%$277K$151K10xas long as short
Binance LINKUSDT+0.0100%8h13.154−0.105%$122.2M$306.4M75xas long as short
Bybit LINKUSDT+0.0100%8h13.152−0.119%$85.0M$71.7M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.151−0.127%$27.9M$86.3M50xas long as short
Arcus LINK-USD+0.0100%1h13.172+0.033%$185K$172K10xas long as short
MEXC LINK_USDT+0.0100%8h13.160−0.058%$36.6M$57.9M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.158−0.074%$22.8M$14.8M75xas long as short
Bitget LINKUSDT+0.0100%8h13.151−0.127%$54.7M$30.7M75xas long as short
BingX LINK-USDT+0.0100%8h13.160−0.058%$21.4Mas long as short
Variational Omni LINK+0.0100%8h13.175+0.053%$3.4M$1.6Mas long as short
edgeX LINKUSDC+0.0100%4h13.166−0.010%$44K$308K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.169+0.010%$590K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.169+0.010%$153K$667K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.155−0.096%$82K$69K10xas long as short
Derive LINK-PERP+0.0100%1h13.175+0.053%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.194+0.198%$34K$1.6M30xas long as short
SoDEX LINK-USD+0.0100%1h13.181+0.101%$5K$32K10xas long as short
HTX LINK-USDTlong+0.0100%8h13.168long leg$648K$875K75x
Extended LINK-USD+0.0104%1h13.157−0.083%$740K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.182+0.109%$553K$2K3xas long as short
Phemex LINKUSDT+0.0105%8h13.193+0.192%$20.4M$11.6M50xas long as short
Coinbase International LINK-PERP-INTX+0.0120%1h13.179+0.086%$1.0M$2.8M50xas long as short
BloFin LINK-USDT+0.0220%8h13.192+0.185%$5.2M$16.7M75xas long as short
Backpack LINK_USDC_PERP+0.0305%1h13.197+0.223%$364K$373K15xas long as short
Kraken Futures PF_LINKUSD+0.0364%1h13.191+0.178%$6.9M$8.3M50xas long as short
Reya LINKRUSDPERP+0.0380%1h13.146−0.169%$5K20xas long as short
dYdX LINK-USD+0.0419%1h13.157−0.085%$348K$48K10xas long as short
Hyperliquid LINK+0.0438%1h13.185+0.131%$79.2M$24.6M10xas long as short